Government of India through FCI (Food Corporation of India) is offering Rice in open market through Open Market Sale Scheme OMSS(D) for price stabilization with effect from 07.08.2024 on week basis. The Reserve price of rice is Rs. 2800 /- per quintal (Rs. 73 /- per quintal will be added to reserve price for fortified rice) for all crop years plus applicable transportation cost and taxes for sale to private parties.
Traders / Bulk buyers / Manufacturers of Rice products can bid for a minimum of 1 MT and maximum bidding quantity per bidder for all the depots put together in a single E-Auction of rice in a region shall not exceed 2000 MT.
FCI, Regional Office, NEF Region offers FRK Rice from Meghalaya and Mizoram through OMSS(D) with effect from 07.08.2024. The E-Auction starts form 11.00 AM and closes at 02.00 PM on 07.08.24 in MJUNCTION portal. FCI NEF Region has sufficient quantity of Rice stocks to continuously offer the rice under this scheme. The NIT (Notice Inviting Tender) will be uploaded on every Friday in MJUNCTION Portal followed by Auction on successive Wednesday. For the upcoming E-auction dated 07.08.2024, a quantity of 25000 quintal FRK Rice from Meghalaya and 20000 quintal FRK Rice from Mizoram will be offered.
To benefit the consumers and general public at large FCI NEF Region expects more participation from the local empanelled (registered) buyers for the upcoming auction. Bidding would be allowed in a State against the GST/TRADE TAX REGISTRATION registered in that State/UT only. For more information, interested Bidders may contact help desk at 1800 102 7136 provided by M/s MJunction Services Ltd. or http://www.valuejunction.in/fci for empanelment and bidding through E-auction.
General Manager(R)
FCI-RO NEF